Yelp, Inc. (YELP)
NYSECommunication ServicesInternet Content & InformationSnapshot 2026-11-04
$20.52-6.94%
Close 2026-11-05 · 1-day change
NYSECommunication ServicesInternet Content & InformationSnapshot 2026-11-04
QuarterlyIQ Insights · YELP
What must go right, what could break, what the price assumes, and what evidence comes next.
The current health of the standing investment case.
Recent financial performance is holding in the top half of its industry — the reason to own it looks intact.
One-year growth currently built into the price, compared with our model's estimate.
| Measure | Marker shape | Value |
|---|---|---|
| Growth built into the price | circle | -56.4% |
| Our one-year growth estimate | diamond | 2.3% |
For each item: what to watch, what would become a concern, and what would make it less concerning.
A reporting-risk estimate, not a forecast of the stock-price response.
Historical relationships that met the evidence threshold. They do not prove cause or forecast a move.
No outside relationship met the current evidence threshold.
Based on historical daily prices through 2026-11-04.
Past price behavior in dollars on a $10,000 position. This does not measure permanent business risk.
How much price usually moves either way.
Use the underlying financial and sector pages to investigate the cause.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Growth built into the price is above our model estimate.
The price assumes 58.6 percentage points less one-year growth.
The one-year revenue growth assumption on Valuation.
Model as of 2026-11-04 · Compared with 12 industry peers
YELP — CTO transition
Dated 2026-04-29
Chief Technology Officer — Sam Eaton: Sam Eaton is stepping down as Chief Technology Officer with a named successor.
Why it matters: Other revenue rose 98% to $33 million in Q2. Continued growth would support Yelp's goal of a $250 million annual run rate by end-2028.
Supportive ifOther revenue grows year over year again in Q3 and tops Q2's $33 million.
Worry ifOther revenue falls below $33 million in Q3 or shows no year-over-year growth.
Why it matters: Yelp says Hatch sped up its product work, but the reports give no revenue or customer count. Clear figures would show whether the deal is gaining traction.
Supportive ifYelp reports a Hatch revenue figure and says it grew year over year, or reports a higher customer count.
Worry ifYelp reports falling Hatch revenue or customer numbers, or says the product has not added revenue.
Why it matters: Q2 revenue grew just 1% year over year, while adjusted EBITDA fell 9%. Q3 results will test the full-year outlook.
Watch forQ3 revenue is at least $366 million, as implied by the midpoint of the prior full-year revenue range. Adjusted EBITDA is at least $79 million.
Also watch forQ3 revenue is below $366 million or adjusted EBITDA is below $79 million, and Yelp cuts its 2026 outlook.
A larger daily loss that occurred about once in every 20 trading days.
Deepest peak-to-trough drop in the last year.
| Measure | Value | Meaning |
|---|---|---|
| Typical day | ±$235 on $10,000 · ±2.3% | How much price usually moves either way. |
| Bad day | $479 loss on $10,000 · 4.8% | A larger daily loss that occurred about once in every 20 trading days. |
| Largest peak-to-trough drop in the past year | $4,530 loss on $10,000 · 45.3% | Deepest peak-to-trough drop in the last year. |
Past year. 1.00 means similar movement; 1.20 means about 20% more.
Past year. 1.00 means similar movement to the sector. This is secondary context.
Latest 30 trading days, shown as an annual percentage.
Latest 252 trading days, shown as an annual percentage.
20-trading-day average in US dollars.
Trading days used by the source risk snapshot.
Past results, not a forecast. Not investment advice.